By excluding a whole host of normal business expenses, EBITDA presents an inflated, unrealistic view of profitability.

EBITDA is a fairy tale. It's a made-up metric that ignores economic reality.

By excluding a whole host of normal business expenses, EBITDA presents an inflated, unrealistic view of profitability.

EBITDA is a fairy tale. It's a made-up metric that ignores economic reality.

https://paragraph.xyz/@idle/ebitda-is-a-scam

I write about tech + humans + philosophy. Farcaster OG. FID 3305 founder of /theindex 

https://linktr.ee/joanwestenberg